Memaar Al Morshedy is a real estate development company based in Cairo, Egypt. Mohamed Morshedy founded the company in 1983 to penetrate the real estate development industry. Since then, Memaar Al Morshedy has become a symbol of evolution and diversity in the industry, offering fully integrated development projects that combine residential, administrative, and commercial buildings in one place.
Memaar Al Morshedy is known for its innovative and sustainable designs, which are tailored to meet the needs of modern living. The company’s portfolio includes many projects, from luxury villas and apartments to commercial and administrative buildings. Memaar Al Morshedy has a strong team of like-minded architects and engineers who work together to create unique, inspiring, functional, and aesthetically pleasing designs.
With over 30 years of experience in the real estate development industry, Memaar Al Morshedy has established itself as a leader in the field. The company’s devotion to quality, innovation, and sustainability has earned it a reputation for excellence and reliability. Memaar Al Morshedy continues to expand its portfolio and explore new opportunities for growth while maintaining its focus on delivering exceptional value to its customers.
Company Overview
Founding and Growth
Memaar Al Morshedy is a prominent real estate company established in 1983 by Mohamed Morshedy. The company has grown exponentially thanks to its commitment to quality, integrity, and professionalism. Today, Memaar Al Morshedy is one of Egypt’s leading real estate developers, with a portfolio that includes a wide range of economy, middle-class, and premium housing projects.
Vision and Values
Memaar Al Morshedy’s goal is to give its clients a convenient lifestyle by providing completely integrated development projects that house office, retail, and residential space all in one location. The company’s concept of living has been designed to meet the needs of modern-day living, focusing on quality, comfort, and convenience.
At the core of Memaar Al Morshedy’s values are honesty, integrity, and professionalism. The company is devoted to delivering high-quality projects that meet its customers’ needs while also contributing to economic growth and development in Egypt.
Leadership
Memaar Al Morshedy is led by CEO Hassan Morshedy, who has continued the company’s legacy of excellence, innovation, and luxury. Under his leadership, Memaar Al Morshedy has developed partnerships with well-known design firms, including Mohamed Hadid’s Hadid Development, Spanish design house Van Der Pas, and Raef Fahmy.
Overall, Memaar Al Morshedy’s commitment to quality, integrity, and professionalism has helped it become one of Egypt’s most respected and successful real estate companies.
Key Projects
Residential Developments
Memaar Al Morshedy has established itself as a leading real estate development company in Egypt, focusing on high-quality residential buildings. The company has completed several residential projects in various locations across Egypt, including the Kattameya Gate and One Kattameya in the Maadi area.
Commercial and Administrative Buildings
Memaar Al Morshedy has also developed several commercial and administrative buildings in Egypt, including the Degla Landmark in the Maadi area. The Degla Landmark is a modern office building that offers its tenants various services and amenities, including a gym, a spa, and a rooftop lounge.
Integrated Developments
Memaar Al Morshedy has introduced a new concept of living in Egypt with its fully integrated development projects, which combine residential, administrative, and commercial buildings to help customers enjoy a more convenient life. The Skyline project in the Maadi area is an example of a fully integrated development project that offers a range of residential, administrative, and commercial buildings in one place.
On the other hand, the Zahra North Coast is a mega residential, touristic, and hospitality development project by Memaar Al Morshedy located at KM 124 on Egypt’s North Coast. The project covers an area of 890 acres and includes a 650-meter waterfront with six zones connected by a network of roads. The development is designed to be a destination with various residential buildings and coastal city facilities.
In conclusion, Memaar Al Morshedy has established itself as a leading real estate development company in Egypt, with a diverse portfolio of high-quality residential, commercial, and integrated development projects across the country.
Design and Innovation
Memaar Al Morshedy is a renowned real estate development company that has made a name for itself through its innovative designs and world-class structures. The company is very satisfied with its ability to produce eco-friendly designs that complement Egypt’s natural surroundings.
Architectural Designs
Memaar Al Morshedy has a team of highly skilled architects, engineers, and planners who work together to create innovative designs that accommodate the needs of their clients. The company’s designs are aesthetically pleasing but also functional and sustainable. They use the latest technology and materials to guarantee that their buildings are of the highest quality and meet international standards.
Sustainability
Memaar Al Morshedy is committed to creating sustainable buildings with minimal environmental impact. The company uses environmentally friendly materials and designs energy-efficient buildings. It also incorporates green spaces, such as parks and gardens, into its designs to promote a healthy lifestyle for its residents.
The company’s devotion to sustainability has earned it recognition in the industry. For its environmentally conscious designs, it has won several awards.
In conclusion, Memaar Al Morshedy is a company dedicated to creating innovative, functional, and sustainable designs. Its staff of highly skilled architects, engineers, and planners creates world-class structures that meet clients’ needs. Its dedication to sustainability has earned it recognition in the industry and set it apart from its competitors.
Community and Lifestyle
Memaar Al Morshedy is a real estate development company committed to providing its residents with a convenient life. Its integrated development projects are designed to accommodate the requirements of individuals and families alike. The company has developed gated parcels that offer residents a sense of security and exclusivity.
Education and Healthcare
Memaar Al Morshedy understands the importance of education and healthcare in creating a healthy and thriving community. The company has partnered with Al Hayah University to provide quality education to its residents. The university offers multiple programs in various fields of study.
Memaar Al Morshedy has also developed medical centers to provide residents with access to quality healthcare. The medical centers are staffed with experienced healthcare professionals devoted to providing patients with the best care.
Sports and Leisure
Memaar Al Morshedy has developed sports and leisure developments that accommodate the needs of residents who enjoy an active lifestyle. The company has developed swimming pools, lagoons, and cabanas that offer residents a relaxing and enjoyable experience.
The company has also developed entertainment and retail facilities to provide residents access to various amenities. The sports and leisure developments are designed to promote a healthy and active lifestyle.
Residential Amenities
Memaar Al Morshedy has developed residential amenities to provide residents with a comfortable and convenient living experience. The company has developed apartments and villas with modern amenities such as air conditioning, high-speed internet, and cable TV.
The company has also developed green spaces and parks that offer residents a peaceful and relaxing environment. The residential amenities are designed to provide residents with a high quality of life.
Investment and Market Presence
Economic Impact
Memaar Al Morshedy has significantly contributed to the Egyptian economy through its real estate investments and developments. With total assets worth $6 billion, the company has built over 1,100 buildings, 156 complexes, 26 malls, 18 nurseries, 14 mosques, 11 schools, six medical clinics, and two hospitals. The company’s investments have created jobs for thousands of people and contributed to the growth of the real estate sector in Egypt.
Market Leadership
Memaar Al Morshedy has established itself as a leader in Egypt’s niche real estate market. The company has developed partnerships with well-known design firms, including Mohamed Hadid’s Hadid Development, Spanish design house Van Der Pas, and Raef Fahmy. The company’s flagship project, Zahra, is located on Egypt’s North Coast and covers approximately 890 acres. The project includes residential units, commercial spaces, and recreational facilities.
Expansion and Diversification
Memaar Al Morshedy has expanded its presence beyond Egypt and into regional markets. The company has invested in the real estate market in Greece, where it has acquired several properties. The company’s expansion has allowed it to diversify its investment portfolio and mitigate risks. The company’s investments have yielded significant returns on investment, enabling it to reinvest in new projects and expand its market share.
In conclusion, Memaar Al Morshedy’s investments and market presence have significantly impacted the Egyptian economy. The company’s market leadership in the niche real estate market has enabled it to expand beyond Egypt and into regional markets. The company’s diversification strategy has allowed it to mitigate risks and yield significant returns on investment.
Client Relations and Achievements
Customer Satisfaction and Trust
Memaar Al Morshedy has always been committed to providing spectacular customer service and building strong client relationships. The company’s customer-centric approach is reflected in its high customer satisfaction ratings and the trust it has earned from its clients over the years. Memaar Al Morshedy understands the importance of listening to its clients’ needs and concerns and strives to address them promptly and efficiently. As a result, a devoted clientele now chooses Memaar Al Morshedy for all of their real estate requirements.
Awards and Recognition
Memaar Al Morshedy’s commitment to integrity, professionalism, on-time completion, quality, and intellectual and creative capital has earned the company numerous awards and recognition. The company’s focus on quality and innovation has successfully completed several landmark projects, which industry experts and peers alike have recognized. Some of the awards and recognition received by Memaar Al Morshedy include:
- The Top 100 Arab Family Businesses by Forbes Lists in 2024
- Top Real Estate Developers in MENA by Forbes Lists in 2023
- The Best Residential Project Award for Zahra by Cityscape Egypt Real Estate Awards in 2022
- The Best Mixed-Use Project Award for Degla Landmark by Cityscape Egypt Real Estate Awards in 2019
Memaar Al Morshedy’s capacity to deliver projects that surpass expectations is demonstrated by these accolades and recognition. Its dedication to excellence is evident. Memaar Al Morshedy will continue to strive for excellence in all its endeavors. It aims to maintain its position as one of the leading real estate developers in the region.
Future Outlook
Upcoming Projects
Memaar Al Morshedy is set to embark on several exciting projects in the coming years. In 2022, the company entered the education sector by building a school accommodating up to 5,000 students. The school is expected to be completed by 2025. The company also plans to expand its presence in the hotel industry by building several luxury hotels in key locations worldwide. These hotels are expected to be completed by 2030.
Strategic Goals
Memaar Al Morshedy has set ambitious growth goals in the real estate development industry. The company plans to expand its portfolio by developing a wide range of properties that cater to different market segments, including economy housing, middle-class housing, and premium housing. The company plans to rebrand itself to reflect its commitment to innovation and sustainability.
To achieve its goals, Memaar Al Morshedy will focus on building strong partnerships with architects, designers, and other industry professionals. The company will also invest heavily in research and development to stay ahead of the curve in design and technology.
In conclusion, Memaar Al Morshedy is poised for growth in the coming years. With a clear vision and strategic goals, the company is well-positioned to continue its success in the real estate development industry.
Frequently Asked Questions
Who is the current CEO of Memaar Al Morshedy?
Mohamed Morshedy is the current CEO of Memaar Al Morshedy. He founded the company 1983 with a clear business strategy to penetrate the real estate development industry. Since then, the company has diversified its portfolio to include healthcare, commercial, and residential projects.
What are the latest projects developed by Memaar Al Morshedy?
Memaar Al Morshedy has several ongoing projects, including Zahra North Coast, a luxurious beachfront community overlooking the Mediterranean Sea. The company is also developing Degla Landmark, a massive residential and commercial complex in Nasr City, Cairo. Additionally, Memaar Al Morshedy has completed Kattameya Gate, a residential and commercial complex offering residents high-quality amenities.
How can one apply for a career at Memaar Al Morshedy?
To apply for a career at Memaar Al Morshedy, visit their official website and navigate to the “Careers” section. There, you will find a list of available job openings and instructions on how to apply.
What is Memaar Al Morshedy’s estimated net worth?
As of 2021, Memaar Al Morshedy’s estimated net worth is private. However, the company has a proven track record of delivering high-quality projects that meet client’s needs and continues expanding its portfolio.
How can customers purchase from Morshedy Stores online?
Morshedy Stores is a subsidiary of Memaar Al Morshedy that offers a wide range of products, including furniture, home appliances, and electronics. Customers can purchase products from Morshedy Stores online by visiting their official website and placing an order.
Where can I find Memaar Al Morshedy’s official logo?
Memaar Al Morshedy’s official logo can be found on its website and social media pages. It is distinctive and features the company name in a bold and modern font in a red and white-color scheme.
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